LAGOS MARCH 6TH (NEWSRANGERS)-The Bank of Ghana on Monday announced the suspension of the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN). The suspension, effective 18 March, will run for one month. According to a statement by the Ghanaian central bank, the suspension is in accordance with…
LAGOS MARCH 6TH (NEWSRANGERS)-Senators, on Tuesday, experienced a blackout as they waited for electricity to be restored to the National Assembly complex before the commencement of sitting. A video revealing the red chamber in partial darkness circulated on social media, drawing reactions from netizens. According to Channels TV, the President of the Senate, Godswill Akpabio,…
LAGOS MARCH 6TH (NEWSRANGERS)-Binance, a leading cryptocurrency exchange, has announced its decision to cease operations in Nigeria due to regulatory challenges with the federal government and the Central Bank of Nigeria (CBN) regarding foreign exchange regulations. Customers have been given until March 8, 2024, to withdraw their funds, following the halt of naira deposits starting…
LAGOS MARCH 6TH (NEWSRANGERS)-The 2024 Commonwealth Law Ministers Meeting opened in Zanzibar on Monday, March 4th, 2024 with calls for stronger action to ensure that access to justice becomes a reality for all 2.5 billion Commonwealth citizens. In her remarks to the opening ceremony on 4 March 2024, the Commonwealth Secretary-General, the Rt Hon Patricia…
By Dr Michael Owhoko LAGOS MARCH 6TH (NEWSRANGERS)-Disparity of roles between ecclesiastics and politicians are generally expected to translate to differences in values, lifestyles and creeds, but this pattern has been disrupted and bridged in Nigeria by materialism. Moral disconnects,lust and insatiability for money, wealth, fame, influence and power have conspired to bring the men…
LAGOS MARCH 6TH (NEWSRANGERS)-Truck drivers in the country have threatened to embark on strike following attacks on their vehicles by hoodlums. Several trucks and warehouses have recently come under attack from hoodlums as the food inflation and the cost of living crisis in the country spiraled. Worried by the unsavory development, the organised private…
LAGOS MARCH 6TH (NEWSRANGERS)-Paris Saint-Germain and Manchester United are emerging as two of the main contenders to land the signature of Napoli‘s Victor Osimhen this summer, with both clubs keen to make different statements in the transfer market. The Nigerian is already being built up as one of the window’s biggest stories, given a €110m…
LAGOS MARCH 6TH (NEWSRANGERS)-Nigeria’s government must urgently address growing food insecurity, with almost one in 10 people facing hunger, the International Monetary Fund said. Nigeria is implementing a series of economic reforms that have fuelled a cost of living crisis in Africa’s most populous nation. The removal of fuel subsidies and liberalization of currency controls,…